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Nov 27, 2012
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known as the fiscal cliff. the dow is down about 11 points. there's still a lot of worry about how these talks on coming up with a deal on the fiscal cliff, how the talks will go. carol? >> alison kosik live from the new york stock exchange. >>> representative-elect alan grayson has been standing with protesting walmart workers. when he delivered bagged meals on to see walmart on thanksgiving, walmart called the cops. we'll talk that and the ongoing protests next. and one wedding, 2 kids, 43 bottles of olay total effects many birthdays later, still looks amazing. thanks to the trusted performance of olay. do you really think brushing is enough to keep it clean? while brushing misses germs in 75% of your mouth, listerine® cleans virtually your entire mouth. so take your oral health to a whole new level. listerine®... power to your mouth™. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant ho ho ho sfx- "sounds of african drum and flute" look who's back. again? it's embarr
known as the fiscal cliff. the dow is down about 11 points. there's still a lot of worry about how these talks on coming up with a deal on the fiscal cliff, how the talks will go. carol? >> alison kosik live from the new york stock exchange. >>> representative-elect alan grayson has been standing with protesting walmart workers. when he delivered bagged meals on to see walmart on thanksgiving, walmart called the cops. we'll talk that and the ongoing protests next. and one...
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Nov 27, 2012
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jon: chris, like simon, some democrats said going over the fiscal cliff wouldn't be such a bad thing maybe for the short run. what do you think? >> i think woe be a huge mistake for the country. nothing else what happens with military sequestration. we have challenges with national security. we live in uncertain world where you can't allow that to occur. one thing i have to point out you can't raise taxes enough to prevent what is about to happen here and stop the deficits from moving forward. i think that is the one thing that has to be understood by democrats, you can't do this through increasing taxes. there has to be serious spending cuts put on the table. when you take those off the table before we get started it puts the process in jeopardy. jon: good discussion, chris wilson, simon rosenberg, thank you both. >> sure. jenna: for a fox extreme weather alert, a fast moving system bringing wintry weather as you see outside of our studio in new york city across the big section of the country today. there is rain, and snow already falling on the east coast. some places they say coul
jon: chris, like simon, some democrats said going over the fiscal cliff wouldn't be such a bad thing maybe for the short run. what do you think? >> i think woe be a huge mistake for the country. nothing else what happens with military sequestration. we have challenges with national security. we live in uncertain world where you can't allow that to occur. one thing i have to point out you can't raise taxes enough to prevent what is about to happen here and stop the deficits from moving...
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Nov 27, 2012
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and fiscal cliff. despite recent republicans pledges giving up pledge on taxes still don't see any resolution anytime soon. we expect it will be a brinkmanship game. will go down to the wire, maybe a little after. ashley: interesting. stick with europe a little bit. spanish political situation is interesting no doubt. he really has a battle on his hand not only getting the handle on the economy but fractious politics of these breakaway regions which for now are staying in place but how does this all impact going forward especially with regard to the euro and of course now that greece, for the time-being is being taken care of, where do you see it going? >> i think that the election this past weekend in cat loan yaw, which is one fifth of everything spain produces is produced in this one region. ashley: yeah. >> i think the election results, president of the region advocated this snap election. i think he didn't get quite what he wanted. he lost about 20% of his seats. ashley: yeah. >> many people in th
and fiscal cliff. despite recent republicans pledges giving up pledge on taxes still don't see any resolution anytime soon. we expect it will be a brinkmanship game. will go down to the wire, maybe a little after. ashley: interesting. stick with europe a little bit. spanish political situation is interesting no doubt. he really has a battle on his hand not only getting the handle on the economy but fractious politics of these breakaway regions which for now are staying in place but how does...
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i've been talking to quite a few ceos over the past seven to ten days about the fiscal cliff. made a point of doing it. and what i find is that almost all of them are focused on solving it now, not kicking the can down the road, a reasonably balanced solution, most are not opposed to additional revenue. most are not opposed to marginal changes slightly upward in marginal rates. and most are focused on just a solution and clearing the air and moving on and i must say most think that if we can solve the fiscal cliff and not kick the can down the road, there's an opportunity for a boost of confidence and an opportunity over the next couple years -- >> you didn't mention anything about the economy side. >> it has to be balanced. we have to see additional cuts in mandatory spending. yes. clear about that. yes. we also need to see new revenue. so we had about $1.5 trillion enacted through the budget control act of 2011. we should do another half trillion on the spending side meaning entitlements and an additional like amount on the revenue side. add those two together -- >> one for
i've been talking to quite a few ceos over the past seven to ten days about the fiscal cliff. made a point of doing it. and what i find is that almost all of them are focused on solving it now, not kicking the can down the road, a reasonably balanced solution, most are not opposed to additional revenue. most are not opposed to marginal changes slightly upward in marginal rates. and most are focused on just a solution and clearing the air and moving on and i must say most think that if we can...